8:41am ET, Sat 17 May 200824

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DJIA: 12986.80 -5.86  |  NASDAQ: 2528.85 -4.88
 

Thousands flee as China lake bank feared broken 7:17am ET

BEICHUAN, China (Reuters) - Thousands of Chinese fled to the hills on Saturday amid fears a lake formed near the epicenter of this week's earthquake would burst its banks.  Full Article | Video

 
Myanmar death toll soars 7:50am ET

YANGON (Reuters) - Diplomats witnessed "huge" devastation in the Irrawaddy delta on Saturday and the toll of dead and missing from the cyclone rose above 133,000 people, making it one of the most damaging to hit Asia.  Full Article | Video 

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MARKETS:
Record oil may hold stocks hostage 4:33pm ET

NEW YORK (Reuters) - Stocks will face major obstacles to extending their gains next week if the price of oil continues to break records, as fears about inflation and the discretionary spending power of the embattled American consumer are forced into the spotlight.  Full Article 

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New Year bittersweet for China's families

Millions of migrant workers will make the annual migration back home to rural villages for the Lunar New Year, queuing for hours and cramming into trains and buses for the chance to go home.  Full Article